Tailwinds favoring foreign trade enterprises

China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials and analysts said.

As global trade faces strong headwinds and protectionist pressures, China is strengthening the coordination of its trade, fiscal, financial, and industrial policies to provide holistic support for enterprises in stabilizing orders and expanding markets, they added.

"Over the past 11 months, China's total imports and exports have reached 39.79 trillion yuan ($5.47 trillion), up 4.9 percent year-on-year. The country's export share in the global market has remained largely stable," Wang Shouwen, vice-minister of commerce, told a news conference in late November.